Today, JSC Gazprom’s Headquarters has hosted a working meeting between Alexey Miller, Chairman of Gazprom’s Management Committee and William Harrison, Chairman and Chief Executive Officer of J.P. Morgan Chase & Co.
Alexey Miller informed William Harrison of Gazprom’s development prospects, in particular of the expanding corporate oil business and upcoming liberalization of Gazprom’s share market.
Alexey Miller and William Harrison discussed proposals by J.P. Morgan Chase & Co. on new joint businesses.
J.P. Morgan Chase & Co. is a global leader in investment banking, financial services for consumers and businesses, financial transaction processing, asset and wealth management, and private equity. Based on its operating highlights over 2004, J.P. Morgan Chase & Co. was the world’s third- and eleventh-largest bank in terms of capitalization (some US $120 billion) and assets (US $1.2 trillion), respectively. The Bank’s 2004 profit accounted for US $4.5 billion.
In 2004, J.P. Morgan Chase & Co. supplied Gazprom with a US $200 million loan. In January 2004, the Bank acted as co-manager on US $1.05 billion bonds placement for Gazprombank.